Australia's Orocobre to relocate Argentina borax chemicals plant

6:53 AM MDT | July 1, 2013 | Francinia Protti-Alvarez

Orocobre (Brisbane, Australia) has decided to relocate its borax chemicals plant at Campo Quijano, Argentina, to the company's Tincalayu, Argentina mine site, the company announced today. The decision will result in a reduction of operating unit costs as well as an increase in overall mineral recovery from the mine, the company says. The total capital budget for the project is 30 million Argentinean pesos ($5.6 million). The chemical plant produces borax decahydrate, borax pentahydrate, and anhydrous borax. Borax chemicals are used in various applications...